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Sum
Praveena and Dhanya are partners sharing profits in the ratio of 7 : 3. They admit Malini into the firm. The new ratio among Praveena, Dhanya and Malini are 5 : 2 : 3. Calculate the sacrificing ratio.
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Solution
Sacrificing Ratio = Old Ratio – New Ratio
Praveena = `7/10 - 5/10 = 2/10`
Dhanya = `3/10 - 2/10 = 1/10`
Sacrificing Ratio = 2 : 1
Concept: New Profit Sharing Ratio and Sacrificing Ratio
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